News Corp's digital publication - The Daily - which premiered on the iPad back in February, hasn't had an impressive first quarter. In fact, even though the app was downloaded over 800,000 times, the publication made a loss of around $10 million.

The Daily has received a second update that promises to improve the app's "performance and stability." So far The Daily, which premiered in the App Store at the beginning of the month, has been heavily criticized for being pretty darned slow.

Apple will reportedly require all subscriptions to utilize its new "in-app subscriptions" feature, by March 31. The feature is expected to premiere with iOS 4.3, which should be released in the coming weeks.

Yesterday, a "Reuters eye witness" supposedly saw a second generation iPad at News Corp.'s special event. At the event, Apple and News Corp. unveiled The Daily: a new digital publication, which premiered exclusively on the iPad. Comically, in a room full of tech journalists, someone was rumored to be playing around on an iPad 2.

James Murdoch, Chairman and CEO of News Corp. (EU and Asia), recently confirmed that "The Daily" will launch "in the next few weeks." Furthermore, Murdoch added that he thinks the weekly subscription fee of $0.99 will be sufficient to support the publication.

Steve Jobs will join Rupert Murdoch on stage later this month to announce the release of "The Daily." The tablet only digital newspaper will initially launch on the iPad. Will this herald the rumored Apple app subscription service?

News Corp. CEO Rupert Murdoch’s long awaited “The Daily” iPad app should be released in January. The rumor, according to All Things Digital (which is also owned by Murdoch), is that the app will be unveiled on January 17. Read more ...